Author: Charles Tan
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Press Release: Bandar Puteri Puchong Interchange Upgrading – Alternative Route
Press Release by IOI Properties Bandar Puteri Puchong Interchange Upgrading – Alternative Route Motorists using Lebuhraya Damansara-Puchong (LDP) from Persiaran Wawasan and Jalan Wawasan heading south to Putrajaya/Cyberjaya have an option to use an alternative route during the period of 19 May to 21 May 2018. This is due to ongoing work whereby one of…
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Focus on owning a home. Many may be homeless somewhere else.
Do we believe the government will be able to provide us with a home? For free? Actually, not even in advanced nations that the government could provide a home for every citizen. In fact as we know, sometimes the property prices spiral out of control and the incomes just could not catch up and in…
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Yes, 24th by 2050. Yes, above many advanced nations of today.
If everyone believes that after GE14, we have a better Malaysia, then I think it’s a great news to the future of Malaysia, especially when we reach the year 2050. I will be 73 by then. Hopefully I am sipping Ipoh white coffee on the beach while watching my grandchildren running around? Langkawi beach perhaps…
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Yes, property prices may be lower without GST. Buying decisions to change?
Anyone here delayed signing their Sales & Purchase agreement after they heard about the GST becoming zero in less than 2 weeks’ time? Actually, GST does not affect only the property market. There are chatters that car prices may inch upwards when the Sales & Service Tax (SST) returns. Here’s an article in paultan.org The…
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The new Penang by Ken Lim of penangpropertytalk.com
My ex-manager has been extremely active in our group Whatsapp group these two weeks. He has continued to share positive news about a new Malaysia. He was one of the most negative about the state of Malaysia before the GE14. He is now the most positive too. In fact his most recent sharing was a…
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230 purchasers owed RM38 million and future guaranteed rentals.
Another case of buyers ‘losing’ money in their investments. This happened in Kota Kinabalu but could have happened anywhere in Peninsular Malaysia. A developer who developed and managed a mall did not pay the rentals to the buyers who bought the units on a leaseback basis. The mall is Oceanus, located in a good location…
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Penang’s mega projects can now be completed earlier
The sky in Penang seems brighter today than before the GE14? I believe in general, Penangites would welcome the announcement by the newly minted Chief Minister Chow Kon Yeow. He said this in an article in TheSunDaily. “Need for Penang’s mega projects to be expedited.” Specifically, he said this in the article, “We have also received…
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Malaysian’s affordable home mission by the government. Views.
I think by now people who read property related news would have heard that Pakatan Harapan intends to build 1 million affordable homes within 2 terms. Roughly, that’s within 10 years. Some would say that this is a lofty goal because this comes up to 100,000 homes every year, all within the affordable segment. Here’s…
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It is not the trust, it is the unknown elements which may be a risk.
Yesterday, I had lunch with a successful insurance agency branch manager who’s semi-retired and his ex-team lead. Of course the conversation could not run away from election and the stock market. It was a volatile Monday as it was the opening of a market after the change of government. I said that it will take…
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Not going to invest, regardless of the government of the day.
Many friends, way before the 9th May 2018 election say that they were very cautious in buying a property because it is too illiquid. What if something bad were to happen and they could not dispose it off quickly? One of the bad thing that could be happening? Well, the economy of Malaysia going bankrupt…